International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

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 Volume 10, Issue 1 (January 2023), Pages: 144-156

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 Original Research Paper

 Identifying factors affecting investment control in form of public-private partnerships for road traffic infrastructure

 Author(s): Tuan Hoang Dang 1, Linh Hoai Le 2, Vu Phi Le 3, Tuong Manh Le 4, Khuyen Hoang Nguyen 5, Tuan Anh Nguyen 6, *

 Affiliation(s):

 1Department of Transport of Long An Province, Long An Province, Vietnam
 2Academic Affairs Department, Vietnam Aviation Academy, Ho Chi Minh City, Vietnam
 3Project Management Board and Land Development in My Tho City, Tien Giang Province, My Tho City, Vietnam
 4Sau Training, Human Resources Training and Development JSC., Ho Chi Minh City, Vietnam
 5Department of Planning and Investment of Tien Giang Province, Tien Giang Province, Vietnam
 6Civil Engineering Institute, Ho Chi Minh City University of Transport, Ho Chi Minh City, Vietnam

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0002-1259-6986

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2023.01.019

 Abstract:

This study aims to determine the factors affecting investment control in the form of building-operate–transfer (BOT) contracts for road traffic infrastructure. It bases on investment practices in the form of PPP in general and BOT in particular in Vietnam as well as international experiences in implementing PPP projects (both successful and unsuccessful cases). Data is collected through in-depth interviews with 280 subjects with experiences in project management, PPP project management, and BOT project management and who are such service users, etc. After being collected, the data is analyzed qualitatively and quantitatively to remove duplicate factors and factors with insignificant impacts. The research results show that: The groups of factors such as the legal framework-policy, State management, investors, and risk management all affect the control of BOT project investment in road traffic infrastructure in Vietnam. From the above results, the authors propose a system of solutions to strengthen the control of investment in BOT road traffic infrastructure projects in Vietnam.

 © 2022 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: Building-operate-transfer, Specific mechanism, Road traffic infrastructure, Investment control, Public-private partnership

 Article History: Received 3 May 2022, Received in revised form 17 August 2022, Accepted 30 September 2022

 Acknowledgment 

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Dang TH, Le LH, Le VP, Le TM, Nguyen KH, and Nguyen TA (2023). Identifying factors affecting investment control in form of public-private partnerships for road traffic infrastructure. International Journal of Advanced and Applied Sciences, 10(1): 144-156

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 Figures

 Fig. 1 

 Tables

 Table 1 Table 2 Table 3 Table 4

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